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Economic Spillovers, Structural Reforms and Policy Coordination in the Euro Area

  • Book
  • © 2008

Overview

Authors:
  1. Bas Aarle

    1. University of Maastricht, Maastricht, The Netherlands

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  2. Klaus Weyerstrass

    1. Institute for Advanced Studies (IHS), Vienna, Austria

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    You can also search for this author in PubMed   Google Scholar

Part of the book series: Contributions to Economics (CE)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xi
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  2. Economic spillovers, structural reforms and policy coordination in the Euro Area: An overview

    • Klaus Weyerstrass, Koen Schoors, Bas van Aarle
    Pages 1-25

  3. Budgetary spillovers and short-term interest rates

    • Bas van Aarle
    Pages 27-53

  4. Budgetary spillovers and long-term interest rates

    • Peter Claeys
    Pages 55-106

  5. Budgetary stabilisation and the level of public debt

    • Niko Gobbin
    Pages 107-127

  6. Spillovers from economic reform

    • Klaus Weyerstrass, Johannes Jaenicke
    Pages 129-154

  7. Macroeconomic and welfare effects of structural and budgetary policies: spillovers in the MSG3 model

    • Reinhard Neck, Gottfried Haber
    Pages 155-201

  8. Have Europe’s labour markets become more flexible? An exercise in measuring the relative flexibility of wages across countries and time

    • Andrew Hughes Hallett, Christian Richter, Xiaoshan Chen
    Pages 203-232

  9. Back Matter

    Pages 233-235
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Keywords

About this book

This book analyses economic interdependence in the Euro Area and provides estimates of the sign and size of economic spillovers and the impact of economic policy coordination concerning structural and budgetary policies on economic performance in the Euro Area. In the different chapters of the book, the following topics are studied: (i) the link between fiscal and monetary policies in the Euro Area; (ii) the link between public debt and long-term interest rates in the Euro Area; (iii) the link between budgetary stabilisation and the level of public debt in the Euro Area; (iv) the spillovers from structural reforms in the Euro Area, (v) the scope for the coordination of fiscal policies and of structural reforms in the Euro Area, and (vi) wage flexibility in the Euro Area.

Authors and Affiliations

  • University of Maastricht, Maastricht, The Netherlands

    Bas Aarle

  • Institute for Advanced Studies (IHS), Vienna, Austria

    Klaus Weyerstrass

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